Staples is taking a lot of flack due to making its employees adhere to the 25 hour work week. Many politicians including my own congressmen seem to be chiming in on how to run Staples. Both seem to say that the 25 hour work week has nothing to do with Obamacare, even though a recent small business survey seemed to indicate a growing concern with health care costs, and that health care costs are still rising a lot.
Lets note some differences between Staples in the Federal government.
Staples can borrow money by issuing bonds. The bonds coupon rates will be floated based on the market. And individual investors can buy the bonds with the risk of default. If the company goes bankrupt, the bond holder will receive as much money back as possible through their liquidation. Any stock holders will get what is left. Just the bond holders and stock holders are effected in this scenario
Obama’s budget is $4 trillion dollars btw, and the CBO predicts the biggest budget cost in a decade will be interest payments on the debt. There is no way to conceptualize $4 trillion dollars. Maybe government employees should be more concerned with costs and operations of the Federal government.